israel’s high tech ecosystem ingredients for innovation:
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Israel’s High Tech Ecosystem Ingredients for Innovation:. Human Capital. Academic & Research Institutional Centers The world's highest per capita number of engineers Leading Technological Institutions Military – Unique Role of the Army - PowerPoint PPT PresentationTRANSCRIPT
Israel’s High Tech EcosystemIngredients for Innovation:
June 2006
Human Capital
Academic & Research Institutional Centers
The world's highest per capita number of engineers
Leading Technological Institutions
Military – Unique Role of the Army
Defense establishment is major contributor to R&D and significant customer
Culture
Risk taking is endemic, Pioneering Ethos
Informality is a way of life – everybody on first name basis
June 2006
Government Support
Policies supporting Investment and entrepreneurship
Initiation of the “YOZMA Program”
Encouraging legislation: R&D and Investment grants, tax benefits and exemptions to foreign investors
R&D budgets, Chief Scientists Office incentives
Incubators Program
June 2006
Experienced Venture Capital Industry
More than 50 active VCs in the market
More than $10B raised since inception (1992)
4th round of capital raising underway
Mature legal, accounting & tax systems
Strong ties to international markets
Proven track record in:Technology creation
Successful IPO’s and trade sales (M&A)
June 2006
Mature Israeli VC IndustryWhat Others Say About Us
“ There are, today, still only three “cities” where the early stage, high technology, entrepreneurial process is really proven – Silicon Valley, Route 128 and Israel ”
“ The Israeli high tech community is already well skilled
and well integrated into the global high tech arena. Legal, tax, accounting, government policy… ”
Clinton P. Harris, Grove Street Advisors, June 15, 2005
June 2006
Multi National Leaders
Industrial Leaders:
IBM, Intel, Motorola, Microsoft, Cisco, Siemens
Building design centers, buying companies, training managers
Institutional Investors & Foreign VC’s
Direct Investment in Israeli VC’s
Direct investment in Israeli companies
Eco
June 2006
Multi Nationals with R&D Centers in Israel (Partial List)
AlcatelAnalog DevicesAMCCAvayaBMC SoftwareBoston ScientificBroadcomComputer AssociatesCEVACiscoConexantFreescale SemiconductorGE Medical SystemsHP (including HP Labs)IBMInfineonIntel
InterpharmKLA-Tencor Kollmorgen ServotronixMarvell SemiconductorMicrosoftMotorolaNational SemiconductorOraclePfizerPhillipsQUALCOMMSamsungSAPSiemensSilicon GraphicsSun MicrosystemsSunGardTexas InstrumentsVeritas Software